Halliburton to Withhold Billing
On $140 Million U.S. Contract

By

Neil King Jr. and

Christopher Cooper Staff Reporters of The Wall Street Journal

Updated Feb. 17, 2004 12:01 a.m. ET

Halliburton Co. agreed to withhold billing on an additional $140 million in food services for U.S. troops and other personnel in Iraq and Kuwait after the Pentagon raised concerns that it engaged in "substantial overcharging" on millions of overseas meals.

The move comes as a Senate panel prepares for hearings next month on the company's contracting in Iraq. Pentagon officials are expected to testify.